Parachutes - Global Strategic Business Report

Global Parachutes Market to Reach $859 Million by 2030

The global market for Parachutes estimated at US$549.3 Million in the year 2022, is projected to reach a revised size of US$859 Million by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Round, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$306 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ram-Air segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $148.2 Million, While China is Forecast to Grow at 9.3% CAGR

The Parachutes market in the U.S. is estimated at US$148.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$193.9 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 44 Featured) -

• Aerodyne Research, LLC
• Aeromao, Inc.
• Aerosight UAV Ltd.
• Airborne Systems
• ALTI
• ARCA Space
• Ballenger International, LLC
• BRS Aerospace
• Butler Parachute Systems, Inc.
• Cala Del Forte

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year